Credit Counselling

Establish better spending habits

We provide credit counselling to help you establish better spending habits that will lead to a more financially responsible life.

Play Video

Contact us for your FREE no obligation consultation

David Sklar & Associates Inc.
5.0
Based on 711 reviews
Wajay Awan
07:29 12 Oct 21
Very professional service. Before contacting David Sklar & Associates i contacted bunch of other firms they seemed fishy. After I spoke with Jason Sklar at Hamilton Office I discovered professionalism with hope. I was explained every step of my situation with solution professionally. Thank you David Sklar & Associates.
Bruce Locke
16:13 08 Oct 21
I met David a few months ago and i am glad I did. He has helped me all the way through my bankruptcy with good advice and explained every step of the process. David is a very down to earth and very professional. Anytime I've had a question I was able to reach out to David by phone or email and he always got back to me. If your struggling with your bills and need a way to get help, I strongly recommend David Sklar &Associates to help you. My experience with them on 1-5scale would be a 5;; My life is so much better now, thanks to David Sklar.
Denise Simpson
15:17 09 Sep 21
I have had the privilege of being supported by Jackie S, at David Sklar n Associate.She was helpful, professional and friendly. I was able to get the help I needed at a difficult time in my life. I would recommend anyone who needs support with working out their debts to ask for Jackie, she will be waiting to assist however she can to help you through your debts. She works with a team who is always ready and responsive.Thank you Jackie and your team:)
Alex Lamparter
13:07 03 Sep 21
My experience with Ashley Carter at David Sklar and Associates was very pleasant and professional. The process was made easy by Ashley with her help in answering my questions and concerns.
Nicole Minister
17:43 02 Sep 21
Ashley she was extremely helpful,super friendly and understanding my situation. I am very please for the service I received and I will recommend this Company to anyone in need of consolidating. Thanks so so much.
rr 28
12:44 21 Aug 21
I finally pulled the trigger and seek help from this team. I tried to pay my debt in the way it should be until the pandemic made it even worst and couldn't keep up with my payments anymore. Jackie is an amazing person, I told her the problem, she gave me the solution and gave me a variety of options and walked me through the process. That simple. Thank you so much.
Vi Smith
18:09 13 Aug 21
Dealing with Jackie made the process so much more comfortable. From my first phone call with her I never felt like I was being looked down on. Jackie made this as easy as being in this situation could be.
fidel Cruz
14:35 24 Jun 21
I have to say, I never thought that such process could have been so quick and easy. But then again I guess that's what happens when you deal with professionals. I dealt personally with Rodha Lewis, who was very attentive to my personal issue and very professional on her work. She's someone who will actually take her take and talk to you about the process and help you as much as she can. I am very grateful to her and very appreciative of her work. I couldn't have dealt with someone better. Thank you very much Rodha for your work.
Maria Curbelo
13:43 23 Jun 21
I just completed my proposal and I am thrilled. Rhoda was delightful to work with. She helped me end the phone calls and start rebuilding my life. I highly recommend the services here and will always recommend to anyone who asks. Definitely seek out their services if you are in need of some help.
Jelena Petrovic
18:06 20 Jun 21
Very professional and fast service! Also, personable!.. they don't treat you like a number, but like a person.From the time I first contacted them, until I was set up there has been not more than 7 days.I dealt with Jackie, she was great!
Mark Simmonds
21:50 16 Jun 21
I would just like to say thank you to David Sklar & associates for helping me out in this difficult time I was in way over my head, I was introduced to Jackie Stanley, at that moment things got better the calls stop. Jackie was so professional helpful, trusting answered all my calls all my Text, and emails professionally and respectful!! I can’t believe it, and now I’m gonna build my credit rating back up and have my life back Thank You, Jackie Stanley at David Sklar& associates, for doing an outstanding Job!!!!
Richelle Barriault
17:57 16 Jun 21
I am not very good at putting words together especially when your speechless for all the help from such a friendly happy non judgemental team. From being financially stressed and depression hitting all at once I connected with Jackie Stanley💯❤❤ from David Sklar team in a whole other level,she is an absolutely joy to deal with and very informative let me know there is light at the end of the tunnel.. despite my struggle the amazing lady Jackie Stanley was able to put a smile on my face and make me laugh super happy and grateful 🙏I was able to connect with her from David Sklar &Associates team I 💯 percent recommend her (Jackie Stanley) and will continue to recommend her. To any one looking to get out of debt or have any questions belive me when I say you will not be disappointed with Jackie she's such a great person and I'm lucky to have been able to recieve the help and guidance from such a wonderful person and you will be also...look no further no where but up from here ...Thank you So so much Jackie much appreciated
Grace Muller
17:55 25 May 21
I must admit that I am so glad I called! I spoke to Rhoda Lewis who right away made me feel at ease. She's so caring and supportive I highly recommend her. Thanks to her my life is now on track! Thank you David Skylar & Associates Inc!
Nicholas Burnett
17:07 19 May 21
Very professional and courteous. Jackie was very helpful and understanding. She was happy to answer any questions I had and we were able to process everything quickly with no hassle.
HN
23:00 06 May 21
I would say my experience with David Sklar was spectacular, they made it really easy for my through the whole process and now 9 months later my bankruptcy is discharged.i would recommend David Sklar to anyone.
A M
14:39 04 May 21
I had a nagging defaulted student loan that was holding me back. There were a few smaller issues that were compounding. The lockdowns really forced me to look into building back my credit and starting fresh.Ashley at David Sklar & Associates at the Keele and Finch location was a blessing. She was thorough in her explanations and answered any concerns I had. She gave me the options and let me decide what was best. After conferring with her, I decided bankruptcy was the best option. She made the process of filing for bankruptcy easy.There's nothing to be afraid of. Stigma attached to bankruptcy but you can reset if you work hard to make it happen.I highly recommend speaking with Ashley if you have any concerns about debt solutions.
Next Reviewsjs_loader

Credit counselling in Ontario?

The licensed insolvency trustees at David Sklar & Associates have been successfully helping people achieve financial empowerment through credit counselling in Ontario since 1997.  We know that debt is overwhelming and stressful, which is why we provide a judgment-free atmosphere where we explain your options and help you make an educated decision.  We provide credit counselling services to teach individuals how to manage debt. Our strategies will help you manage credit, budget money, save money and get you back on track.

The initial consultation with your counsellor is free, so even if you’re not ready to move forward you will be able to make the right decision when you are.

Should you choose to file for bankruptcy or a consumer proposal, you will be asked to attend two mandatory sessions of credit counselling which will help you avoid making the same financial mistakes.

What you will learn:

  • How to set & reach financial goals
  • Identify & overcome poor financial habits
  • Create & manage budgets
  • Financial ownership
  • How to use credit effectively
  • How to save money
  • Establish strong credit

We are certified

Our team is made up of certified insolvency counsellors who are equipped with the knowledge and experience necessary to provide reputable credit counselling services to you.

WHAT TO LOOK FOR IN A CREDIT COUNSELLOR:

David Sklar & Associates is staffed with patient and encouraging counsellors who are committed to the financial empowerment of every person we assist.

We know that debt is overwhelming and stressful, which is why we provide a judgment-free atmosphere where we explain the options and help you make an educated decision. The team at David Sklar is committed to providing the tools and resources you need to achieve financial wellness.

We are driven and are passionate about helping you erase your debt. When you choose us as your Licensed Insolvency Trustee, you can have peace of mind that we will provide you with compassionate and educational credit counselling services.

There is no one-size-fits-all solution to debt management. The counsellors at David Sklar & Associates provide you with the one on one attention you need to establish a debt management plan that is well suited to your needs, capabilities, and lifestyle. Our sessions are catered to your unique needs to help you set feasible goals.

Our team is made up of certified insolvency counsellors who are equipped with the knowledge and experience necessary to provide reputable credit counselling services to you.

A good credit counselling agency in Toronto will provide you with a free consultation to assess your unique needs.

When you are seeking debt relief and require a plan of action — but don’t yet want to make a commitment — you can have peace of mind that we will provide you with a free consultation to go over your current finances and your different options. Then, we will work with you to determine the best path to help you achieve debt relief.

We have been successfully helping people achieve financial empowerment through credit counselling in Toronto since 1997. Our team of experienced counsellors understand bankruptcy and debt management and are committed to sharing that knowledge to help you reduce your debt.

Credit Counselling FAQ

The main purpose of credit counselling is to provide individuals with the guidance they need to make better financial decisions and to provide them with the resources and education they need to absolve themselves of debt. These services also exist to help individuals who are looking to file for bankruptcy or a consumer proposal.
Credit counselling in Ontario is required by law when filing for bankruptcy or filing a consumer proposal. In both processes, an individual is required to complete two credit counselling sessions. The first session will typically occur two months into the proposal, whereas the second will generally occur 7 months into the process.

When we provide personalized credit counselling services, we consider your unique needs. We will work with you to determine how long you will require these services. If credit counselling is being provided for a bankruptcy or consumer proposal, you are required to attend two mandatory sessions.

While credit counselling is involved in a consumer proposal, the two are different processes. Credit counselling refers to sessions through which a counsellor provides an individual with financial education to help them achieve financial wellness. A consumer proposal, however, is a legal process through which an individual is able to pay a reduced amount of debt in a set period of time (usually 5 years).

Credit counselling is advised for those with a low consumer-debt-to-income ratio. Credit counselling can either solely help you manage your debt, or help you to identify if you require a consumer proposal or bankruptcy to more effectively rid yourself of your debt burdens. These services are especially beneficial in situations where:

  • You find yourself frequently utilizing cash advances
  • You are applying for additional credit cards
  • You are constantly borrowing money to make monthly costs
  • You are relying on loans
  • You are only paying the minimum on your monthly credits and bills
  • You continue to spend outside your budget
  • You are considering bankruptcy or a consumer proposal

There are many benefits associated with getting credit counselling when you are seeking debt relief. Credit Counselling in Toronto can help you to achieve financial ah-ha moments by providing:

  • Personalized counselling from a trained financial professional like the counsellors at David Sklar & associates
  • Lower interest rates on credit card debt
  • Removed late fees & additional charges on debt
  • Reduced total of debt
  • Loans consolidated into one monthly payment for more manageable repayment
  • Tools and resources for better money management
  • Guidance on bankruptcies and consumer proposals
If you are experiencing serious debt problems, contact us to explore your options. Call David Sklar & Associates at 289-806-2005 or get started with our Quick Assessment Form to book your Free Consultation. During the consultation, we will help you identify what your current financial situation is and how best to fix it. With six offices in the Greater Toronto Area – we are here to help.